Business - Global Business Magazine

Capital intelligence affirms UAE’s outlook for ratings as stable

Global Business Magazine July 25, 2022

Capital Intelligence Ratings (CI Ratings) has announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Read More

Business Featured News Regional

Saudi Arabia’s PIF to invest $92.13 million Aston Martin

Global Business Magazine July 25, 2022

Saudi Arabia’s Sovereign Wealth Fund (SWF) – Public Investment Fund (PIF) – will invest in the UK-based Aston Martin Lagonda Global Holdings PLC Read More

Business Featured News Regional

Saudi Arabia and Kazakhstan sign 13 agreements

Global Business Magazine July 25, 2022

The Saudi Arabia’s Ministry of Investment (MISA) on Sunday hosted a senior delegation from Kazakhstan at the Saudi-Kazakh Investment Meeting, which Read More

Banking Featured News Regional

UAE Banks’ lending activity witnesses growth in Q1 of 2022

Global Business Magazine July 25, 2022

The Central Bank of UAE (UAECB) on Friday said that the lending activity in the UAE rebounded during the first quarter of Read More

Real Estate Featured News Regional

UAE’s real deals surpass last year’s records

Global Business Magazine July 25, 2022

Open lands and apartments alongside villas were sold like hot cakes in the UAE during the week between July 18 and 22, weekly data Read More

Banking Featured News Regional

UAE banks have adequate and surplus liquidity, says IMF

Global Business Magazine July 25, 2022

The International Monetary Fund (IMF) said that the UAE banks enjoy an abundant surplus of liquidity.Read More

Finance Featured News Regional

OKX receives provisional licence to operate in Dubai

Global Business Magazine July 22, 2022

OKX, formerly known as OKEx, has secured a provisional virtual assets licence to operate in Dubai. The Seychelles-based cryptocurrency exchange has obtained Read More